It is easy to talk about it when it is ranked 2nd mentioned ticker on WSB, but it is not easy to talk about it 18 days before it happens..!
You must study WSB strategies very well to discover these hidden patterns!
ROOT is one of the most shorted assets in the market: short interest: 21.96%, and recently this is increased 205 from 15.8M shares to 19.08M shares!
Now it is time to cover for short-sellers, and because of low trading volume, they need to fight each other in the long position to cut their loss, which causes crazy price movement..!
Check my analysis on August 12, 2021, when ROOT was 5.51:
Be careful this type of price movement will not last long..!
You must study WSB strategies very well to discover these hidden patterns!
ROOT is one of the most shorted assets in the market: short interest: 21.96%, and recently this is increased 205 from 15.8M shares to 19.08M shares!
Now it is time to cover for short-sellers, and because of low trading volume, they need to fight each other in the long position to cut their loss, which causes crazy price movement..!
Check my analysis on August 12, 2021, when ROOT was 5.51:
Be careful this type of price movement will not last long..!